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Welcome to the Mowapay website, a provider of many services and solutions in the area of ​​capital and property. 

Our primary mission is to protect and possibly multiply your assets. This is done with regard to your current situation and your future expectations and wishes.

 

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News from Twitter

  • Sweden: The unemployment rate unexpectedly fell in May from 8.7% to 8.2% (consensus 8.8%).
  • Memo to the G8: the global economy’s about to fall apart http://t.co/if93C9N9YJ
  • Sales of new passenger cars in the European Union in May fell by nearly 6 % to 1,043,000 units. This is the weakest May result in 20 years.
  • Lízal (CNB): Probability of foreign exchange interventions have increased as inflation remains below the CNB forecast.
  • Hungary: They want to keep the budget deficit below 3% of GDP.
  • The Hungarian government decided to raise taxes on financial transactions and telephone services and mining fees.
  • Standard & Poor's deteriorated credit rating of Venezuela by one notch to 'em B. This is due to political uncertainty in the country.
  • IMF decided that will release to Ireland another part of the financial assistance in the range of 1.27 billion euros.
  • Obama said that the current chief Ben Bernanke has been at the forefront Fed much longer than expected.
  • Barack Obama hinted that he looking for the new head of the U.S. central bank (Fed).
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News

bubbles

Memo to the G8: the global economy’s about to fall apart

Tuesday, 18. June 2013 - 10:47

Self-satisfied and sanctimonious the G8 world leaders descended on Northern Ireland this week to solve the problems of the world over dinner and walks between Ireland’s inevitable rain showers.

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stop qe

Central banks will not be able to stop printing money as in 1994

Thursday, 13. June 2013 - 8:42

It is strange to hear economists such as former Goldman Sachs Jim O'Neill, speaking of the bond market with the same feelings as in 1994, when the Fed also tightened monetary policy, but it does not happen this time.

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real mo

Saving real money

Wednesday, 12. June 2013 - 7:46

Up until the late 1960s, it was considered prudent for everyone to have some savings. By forgoing consumption, savings gave the ability to consume more at a later date through the accumulation of interest income.

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money goes

What happens to the money after the collapse of the bond market?

Tuesday, 11. June 2013 - 8:37

You have to have a little imagination to understand the bull market for gold and silver. Those who are in their predictions for the decline in prices rather believe that inflation had been defeated and that gold is no more needed as collateral and that the Fed can print money indefinitely until even without any meaningful consequences.

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state inter

The nonsense behind state intervention

Monday, 10. June 2013 - 6:47

Both Keynesians and monetarists believe that increased government spending, or more money injected into the economy, is sometimes necessary. The intervention is in the form of unfunded government spending, artificially low interest rates to boost demand for money and bank credit, or a drive to make the currency “competitive” by lowering it. These methods have been tried unsuccessfully time and again, and they must be denounced if we are to understand our true...

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